For the day ahead
Litecoin would need to move through the $133 pivot to bring the first major resistance level at $139 into play.
Support from the broader market would be needed, however, for Litecoin to break out from $135 levels.
Barring an extended crypto rally, the first major resistance level and Monday’s high $140.43 would likely cap any upside.
In the event of another extended breakout, Litecoin could test resistance at $150. The second major resistance level sits at $146.
Failure to move through the $133 pivot would bring the first major support level at $125 into play.
Barring another extended sell-off, however, Litecoin should steer clear of sub-$120 levels. The second major support level at $120 should limit the downside.
Looking at the Technical Indicators
First Major Support Level: $125
Pivot Level: $133
First Major Resistance Level: $139
23.6% FIB Retracement Level: $178
38.2% FIB Retracement Level: $223
62% FIB Retracement Level: $296
Ripple’s XRP rose by 3.06% on Monday. Reversing a 0.48% loss from Sunday, Ripple’s XRP ended the day at $0.62558.
Bullish from the start of the day, Ripple’s XRP rallied from an early morning intraday low $0.60700 to late intraday high $0.67855.
Ripple’s XRP broke through the day’s major resistance levels before a late pullback to sub-$0.62 levels.
The late pullback saw Ripple’s XRP fall back through the third major resistance level at $0.6453 and the second major resistance level at $0.6244.
Late in the day, however, Ripple’s XRP broke back through the second major resistance level to end the day at $0.625 levels.
At the time of writing, Ripple’s XRP was down by 0.72% to $0.62105. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.62389 before falling to a low $0.62105.
Ripple’s XRP left the major support and resistance levels untested early on.